What Jos A. Bank's Acquisition Will Mean For The Company

The agreement ends a months-long back and forth. The combined company will have more than 1,700 U.S. stores. And the Jos. A. Bank outlets will keep their name and possibly keep their ‘‘buy one suit and get three free’’ deals. Men’s Wearhouse announced today that it will pay $65 per share, a 5 percent premium to Jos. A. Bank’s most recent closing price.